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\begin{tabular}{lcc} \hline
 & (1) & (2) \\
VARIABLES & Ln Employment over parcel size & ratio \\ \hline
 &  &  \\
Ln Population CMA & 0.145$^a$ & 0.260$^a$ \\
 & (0.049) & (0.075) \\
Ln CMA surface area & -0.094 & -0.191 \\
 & (0.082) & (0.119) \\
Distance to the closest city centre & -0.027$^a$ & -0.031$^a$ \\
 & (0.008) & (0.008) \\
cat0==2 & 0.797$^a$ & 0.358$^a$ \\
 & (0.095) & (0.074) \\
cat0==3 & -0.135 & -0.279$^a$ \\
 & (0.094) & (0.093) \\
\\# neighbors & -0.452$^a$ &  \\
 & (0.014) &  \\
\\# neighbors$^{2}$ & 0.041$^a$ &  \\
 & (0.004) &  \\
\\# neighbors$^{3}$ & -0.001$^a$ &  \\
 & (0.000) &  \\
\\# neighbors$^{4}$ & 0.000$^a$ &  \\
 & (0.000) &  \\
Ln Employment & 0.604$^a$ & -0.005 \\
 & (0.012) & (0.010) \\
hoffice==2 & 0.091$^a$ & -0.025 \\
 & (0.024) & (0.031) \\
exports==2 & -0.113$^a$ & -0.005 \\
 & (0.031) & (0.029) \\
\\# functions in the estab. & 0.043 & -0.045 \\
 & (0.050) & (0.049) \\
\\# 4-digit NAICS & 0.015 & -0.001 \\
 & (0.014) & (0.017) \\
\\# products & 0.011$^b$ & 0.011$^a$ \\
 & (0.005) & (0.004) \\
Ln Distance to major airport & 0.063 & 0.086 \\
 & (0.072) & (0.076) \\
Ln Distance to major seaport & -0.168$^a$ & -0.147$^a$ \\
 & (0.058) & (0.052) \\
Ln Distance to freight station & -0.031 & -0.071 \\
 & (0.063) & (0.061) \\
Ln Distance to junction & 0.018 & -0.030 \\
 & (0.039) & (0.041) \\
$ Ln emp. & 0.159$^a$ & 0.017 \\
 & (0.042) & (0.021) \\
\\# neighbors &  & 0.086$^a$ \\
 &  & (0.023) \\
\\# neighbors$^{2}$ &  & -0.005$^b$ \\
 &  & (0.002) \\
\\# neighbors$^{3}$ &  & 0.000$^a$ \\
 &  & (0.000) \\
\\# neighbors$^{4}$ &  & -0.000$^a$ \\
 &  & (0.000) \\
 &  &  \\
Observations & 7,320 & 7,153 \\
R-squared & 0.562 & 0.292 \\
 r2\_p & . & . \\ \hline
\multicolumn{3}{c}{ Robust standard errors in parentheses} \\
\multicolumn{3}{c}{ $^a$ p$<$0.01, $^b$ p$<$0.05, $^c$ p$<$0.1} \\
\end{tabular}
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